Trump's 'Ill-Gotten Gains': Breaking Down the $464M Civil Fraud Appeal

Contributing sentiments towards policy:

73% : Trump promised to invest in improvements in the course, bringing additional star power through a design by PGA champion Jack Nicklaus.
63% : As for Ferry Point, Trump acquired the property from the New York City Department of Parks and Recreation, which awarded the contract for the golf course to him in 2012.
62% : Trump acquired both of these properties through government agencies.
53% : Trump, two of his sons, and his business associates sent those financial statements to banks and insurance companies, obtaining more favorable terms on loans and insurance than could otherwise be obtained with fewer assets.
51% : When Trump sold the course to Bally's last year, Nicklaus's name remained attached to the course.
48% : The city cited the documentation that Trump provided from his accounting firm -- then known as WeiserMazars LLP and now simply, Mazars -- as evidence of his net worth and liquidity, but Mazars ultimately disavowed the Trump Organization's financial statements over the course of the attorney general's investigation.
47% : In order to get permission to transform the landmark into a luxury hotel, Trump promised to pour in hundreds of millions in Deutsche Bank dollars to refurbish the 19th century building -- and provided fraudulent financial statements to the government, according to the judge's ruling.
46% : Ferry Point ($60 million): Trump submitted his financial statements to NYC Parks in 2010, before the statute of limitations in the case.
44% : For Trump, the other two most important categories of disgorgement relate to properties no longer in his portfolio: the Old Post Office and the Ferry Point golf course in the Bronx, now owned by the Bally's Corporation.
43% : Weisselberg's agreement contained a lengthy non-disparagement clause that the judge found as a way to prevent the ex-CEO from cooperating with civil and criminal investigations into the company.
37% : That figure represents nearly half of what the judge described as the "ill-gotten gains" that Trump must relinquish.
35% : Trump has succeeded in staving off any enforcement action until his appeals have exhausted.
34% : The Old Post Office's status as a national historic site forced Trump to obtain a lease on the building from the U.S. General Services Administration in 2013.
31% : Even though Donald Trump has just posted a $175 million bond, the former president still remains on the hook at this time for the entirety of his more than $450 million civil fraud judgment.
30% : So when Trump sold the lease to a Miami-based investor group in May 2022, that meant the former president could not keep his profits from that sale: $126,828,600.
26% : Here's How Trump Is Trying to Reduce the Judgment on AppealAll told, Trump and his co-defendants have been on the hook for a more than $464 million judgment since the judgment became public on Feb. 16.
24% : By separately forcing Trump and his sons to pay the proceeds from the sale of the hotel, Trump's attorneys argue, the judge "double counts" the penalties related to this property.
23% : Understanding the reasons for his calculations helps demystify the judge's findings about how Trump illegally profited from a massive years-long fraud, along with the defense's arguments on appeal.
12% : How Trump's Civil Fraud Judgment Got So LargeJustice Engoron found that Trump fraudulently inflated his assets on statements of financial condition by hundreds of millions or billions of dollars over the course of several years.

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